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(RasandikEng) Rasandik Eng complete technical analysis [charts+indicators] | Buy/Sell Rasandik Eng | (RasandikEng) share price targets

Complete technical analysis of Rasandik Eng (RasandikEng) by charts plus indicators, forecast predictions and share price targets for Rasandik Eng (RasandikEng)

10 day averaged volume of Rasandik Eng is 2476

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	72.75	72.76	72.76	72.75	0.01 times
05 Mon Jun 2023	72.29	74.55	76.97	72.28	0.334 times
02 Fri Jun 2023	73.05	76.05	76.05	72.63	0.863 times
01 Thu Jun 2023	76.00	74.98	78.77	73.16	0.184 times
31 Wed May 2023	74.98	72.40	75.53	72.37	0.463 times
30 Tue May 2023	75.20	78.75	78.75	75.00	0.598 times
29 Mon May 2023	76.51	86.50	86.50	74.50	3.653 times
26 Fri May 2023	79.00	89.00	89.00	76.50	1.5 times
25 Thu May 2023	80.60	85.00	85.00	80.42	0.628 times
24 Wed May 2023	82.85	77.03	82.90	77.03	0.695 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 74.8, but if it comes above 74.8, then a intra day buy could be more profitable.
If you take a sell trade below 74.8, then use 74.8 as stoploss and 71.3 as target. However if you take a buy trade in stock , then use 74.8 as stoploss and 77.82 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type	Value
Downside Target	53.00
Downside Target	55.00
Downside Target	65.00
Downside Target	71.00
Upside Target	76.97
Upside Target	78.77
Upside Target	81.60
Upside Target	82.00
Upside Target	82.45
Upside Target	86.50
Upside Target	89.00
Upside Target	93.75

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type	Value
Downside Intraday Target	71.03
Downside Intraday Target	69.31
Upside Intraday Target	75.72
Upside Intraday Target	78.69
Upside Intraday Target	74

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	72.75	74.55	76.97	72.28	0.06 times
02 Fri Jun 2023	73.05	86.50	86.50	72.37	1.158 times
26 Fri May 2023	79.00	73.37	89.00	73.37	2.733 times
19 Fri May 2023	77.47	80.00	82.00	73.32	0.933 times
12 Fri May 2023	81.60	77.03	81.60	74.05	0.306 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rasandik Eng (RasandikEng)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Jun 2023	72.75	74.98	78.77	72.28	0.07 times
31 Wed May 2023	74.98	82.60	89.00	72.37	0.798 times
28 Fri Apr 2023	82.45	55.00	82.45	55.00	0.685 times
31 Fri Mar 2023	55.82	68.90	71.00	53.00	1.502 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rasandik Eng (RasandikEng)

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Rasandik Eng stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rasandik Eng in short term and the sell signal is strong.

Rasandik Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Rasandik Eng in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rasandik Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 77.04 and Rasandik Eng (RasandikEng) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rasandik Eng (RasandikEng) stock. Volume based technical analysis of Rasandik Eng (RasandikEng) stock is negative.

Rasandik Eng Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.